Candlestick patterns work best on which time frame(s)? - Page 2
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  1. #11
    Join Date
    Jul 2013
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    Quote Originally Posted by GerhardtW View Post
    Depends from the pattern.

    Not my experience, at all.


    Quote Originally Posted by GerhardtW View Post
    For example, pennants and flags you will recognize them most of the times in a short-term timeframe. Triangles you will find them in a medium-term chart and rounding top or bottom pattern on a long-term timeframe.

    Currency charts are fractal, so I can't imagine any reason at all why there would/might be more rounding top/bottom patterns on a long-term timeframe than on a shorter-term one. That would really be extremely strange, if it were so!

  2. #12
    Join Date
    Feb 2016
    Posts
    121
    Quote Originally Posted by lexys View Post
    Currency charts are fractal, so I can't imagine any reason at all why there would/might be more rounding top/bottom patterns on a long-term timeframe than on a shorter-term one. That would really be extremely strange, if it were so!
    On a long-term timeframe is more possible for a pattern to be complete successfully.

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